• Rex Energy Corp ( NYSE: REXX )

Permitting Activity


December 13,2017 : Rex Energy Corp Permitted the HOFER UNIT 8H Horizontal well in Butler,PA : Marcellus Shale
December 13,2017 : Rex Energy Corp Permitted the HOFER UNIT 1H Horizontal well in Butler,PA : Marcellus Shale
December 13,2017 : Rex Energy Corp Permitted the HOFER UNIT 3H Horizontal well in Butler,PA : Marcellus Shale
December 05,2017 : Rex Energy Corp Permitted the HOFER UNIT 2H Horizontal well in Butler,PA : Marcellus Shale
December 05,2017 : Rex Energy Corp Permitted the HOFER UNIT 6H Horizontal well in Butler,PA : Marcellus Shale
Click here for More Permits Activity

Latest News & Activity




Deals - Rex Energy Corp Acquisitions


Announce Date Price($MM) Region/Basin Headline
Aug-13-2014 Northeast  Rex Bolts On Massive Butler Acreage Plot in Deal with Shell
Aug-02-2011 Northeast  Rex Energy Acquires Utica Acreage
Jun-30-2010 Rockies - DJ Basin  Rex Energy Announces Acquisition of 18,700 Acres In the Niobrara Shale
Total
More Deals...


Deals - Rex Energy Corp Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
Aug-29-2018 Northeast  PennEnergy Bids $600 Million for Rex Energy Property; Bolt-On
Mar-15-2018 Northeast  Rex Sells Non-Op Appalachian Property for $17.2MM
Jan-04-2017 Northeast  Rex Unloads Non-Core Utica Warrior South Assets
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Oct-03-2016 Debt Rex Energy Reaffirms Borrowing Base at $190MM
Dec-06-2012 Equity-Stock-Sales Rex Energy to Relaunch $250MM Private Placement
Total
More Financing...


About


Rex Energy Corporation operates as an independent oil and gas company in the Appalachian Basin and the Illinois Basin It focuses on the Marcellus Shale drilling projects and the Utica Shale and Upper Devonian Shale exploration activities in the Appalachian Basin The company also holds interests in the Lawrence Field ASP Flood project, which is an oil recovery project located in Lawrence County, Illinois

The company had estimated proved reserves of 3662 billions of cubic feet equivalent Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania



476 Rolling Ridge Drive
Suite 300
State College PA 16801
Phone Number
814 278 7267






 Drilling Activity ( Jan 2017 - Apr 2024)
Basin
APPALACHIAN BASIN

Personnel (4 people)

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Director, Reservoir Engineering
email -
Phone : -
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Manager, Oil & Gas Marketing
email -
Phone : -
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Director, Land
email -
Phone : -
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Manager, Drilling-Appalachia
email -
Phone : -
Frist Name Last Name Title Email Phone
Alex Azizi Director Reservoir Engineering aazizi@rexenergycorp.com 814-278-7267
Darren Springinatic Manager Oil & Gas Marketing drodgers@rexenergycorp.com 814-278-7267
David Rodgers Director Land drodgers@rexenergycorp.com 814-278-7267
Joshua Hinton Manager Drilling-Appalachia jhinton@rexenergycorp.com 724-282-8750

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 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Aug-29-2018 Property Marcellus Shale 
Mar-15-2018 Property Marcellus Shale 
Jan-04-2017 Property Utica Shale 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Aug-13-2014 Property Marcellus Shale 
Aug-02-2011 Property Utica Shale 
Jun-30-2010 Property Niobrara - DJ Basin 
No Results found

Rex Amps Up Marcellus JV; More Capital, More Wells

June 21,2016
Rex Energy Corporation provided an update on its Moraine East Joint Development Agreement and Appalachian Basin operations.

Rex Touts Strong Liquids Results at Moraine; IDs Completion Design

June 11,2015
Rex Energy Corporation announced initial production test results from the company's first two wells in the Moraine East Area, the Renick 2H (Marcellus) and the Renick 3H (Upper Devonian Burkett).

Rex Cuts 2015 Budget by 30%; Updates Borrowing Base

March 31,2015
Full year 2015 production volumes are expected to range from 185 MMcfe/d -- 195 MMcfe/d.

Rex Hits 154.4 MMcfe/d in Production; Talks 4Q Well Results

February 18,2015
Record annual average daily production of 154.4 MMcfe per day, an increase of 66% over 2013.

Rex Energy Books Devonian Reserves

January 28,2015
Marcellus and Upper Devonian Burkett are separate reservoirs and can be booked independently within the company's acreage.

Rex Adds to Hedge Positions for 2015; Updates Ops

January 20,2015
For 2015, the company now has approximately 80% of its natural gas production and 70% of its oil and condensate production hedged.

Marcellus Driller Slashes 2015 Budget 44%; Seeks Partner

December 23,2014
The company expects its 2015 operational capital expenditures to be between...

Rex Adjusts Marcellus, Utica Economics as Well Results Improve

November 07,2014
In the Butler Operated Area, the company has adjusted its well-level economics to reflect its...

Low Prices Won't Stop Top Marcellus Operator from Adding 2 Rigs in 2015

October 20,2014
3Q 2014 production was 169.7 MMcfe/d, an increase of 32% over 2Q 2014.

Rex Energy Downspacing Utica, Adding Rig to New Marcellus Acreage

September 15,2014
Update on its Appalachian Basin operations, third quarter 2014 production guidance and borrowing base.

Rex Hits 128.8 MMcfe/d Production Record in the Marcellus, Utica

August 06,2014
Average daily production from oil and NGLs reached a record level of 6.5 MBoe/d, a 5% increase over the first quarter of 2014.

Rex Flows Marcellus Butler Wells to Sales; Hits Midstream Constraints

July 28,2014
Three-well Shipley pad produced at an average 5-day sales rate per well of...

Rex Touts 1,057.8 Bcfe in Reserves; Lowers Well Costs

July 22,2014
In addition to record reported reserves, Rex has reported that Butler Operated Area well costs decreased by ~7% during first half of 2014.

Rex Energy Tweaks Marcellus Completions

July 11,2014
After moving toward its "super-frac" Rex Energy saw a 50% better 30 day IP.

Rex Energy Moves Marcellus, Utica Wells into Production

July 07,2014
Rex has provided an update on both its Appalachian Basin operations as well as its second quarter 2014 production.

Rex Energy Begins Gas Flow at Bluestone II

June 02,2014
Rex Energy will have ~190 MMcf/d capacity to support its Butler development plans.

Rex Inks Marcellus Gas Transport Deal with Dominion, Texas Gas

April 30,2014
Under this agreement, Rex has secured firm transportation for 130,000 MMbtu per day of natural gas for a period of 20 years beginning in late 2016.

Rex Begins Upper Devonian /Marcellus Stacked Test; Q1 Update

April 30,2014
The second planned test, the six-well Michael pad, will test multiple stacked Upper Devonian Burkett/Marcellus laterals.

Rex Sees Results from Three-Well Pad; Utilizes 'Super Frac' Design

April 08,2014
Rex Energy Corporation has reported 5-day sales rates from its three-well Ocel pad in the company's Warrior North Prospect.

Rex Ups Marcellus Shale Rig Count at Butler Prospect

March 26,2014
In the Butler Operated Area, the company has recently added...